CO-OPERATIVE CREAMERIES 225 



desirable to sell shares only to prospective creamery 

 patrons, so that the creamery may be a truly co-operative 

 one. 



3. When the necessary funds have been subscribed, 

 call a meeting of the shareholders to elect a president, 

 secretary, treasurer, manager, and a board of directors 

 which should consist of the president, secretary, treasurer, 

 and at least three other shareholders. 



4. The next step is to specify a certain time within 

 which all subscriptions must be paid. The money is pref- 

 erably turned over to a reliable banker in the form of 

 notes bearing interest. 



5. The treasurer should be authorized to draw upon 

 the bank for the money thus deposited whenever occasion 

 demands, but he should be required to give security for 

 the money that comes into his hands. 



6. When all subscriptions have been paid, a meeting 

 of the board of directors should be called for the purpose 

 of hiring a butter maker who shall not only be able to 

 make a first class article of butter, but who shall also be 

 competent to plan and superintend the construction of the 

 creamery. This is a point which most co-operative cream- 

 eries overlook. The result is there are dozens of cream- 

 eries scattered all over the country which are faulty in 

 both design and construction. 



Before drawing up his plans it would be policy for 

 the butter maker to visit several up-to-date creameries so 

 as to get the latest ideas on creamery construction. 



7. The creamery is paid for out of a sinking fund 

 created by charging the patrons, in addition to the charge 

 necessary to cover running expenses, say one cent for 

 every pound of butter fat delivered until the creamery 

 is paid for. 



